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Tuesday, November 26, 2024

Friendship Village median home prices rose by 16.4% in the fourth quarter of 2021

Realestate2

The median sale price of a home sold in the fourth quarter of 2021 in Friendship Village rose by $64,300 while total sales increased by 50%, according to BlockShopper.com.

From October through December of 2021, there were 24 homes sold, with a median sale price of $456,750 - a 16.4% increase over the $392,450 median sale price for the same period of the previous year. There were 16 homes sold in Friendship Village in the fourth quarter of 2020.

The median sales tax in Friendship Village for the most recent year with available data, 2020, was $2,877, approximately 0.6% of the median home sale price for the fourth quarter of 2021.

The following table compares Friendship Village to other Montgomery County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Forest Glen484311.6%$478,050$500,000-4.4%
Damascus9395-2.1%$478,000$430,00011.2%
North Bethesda22819218.8%$477,000$493,000-3.2%
Burtonsville27270%$460,000$440,0004.5%
Wheaton-Glenmont20014339.9%$459,000$440,0004.3%
Friendship Village241650%$456,750$392,45016.4%
Calverton403417.6%$427,750$422,5001.2%
Fairland867022.9%$363,500$321,00013.2%
Germantown49743015.6%$350,000$341,0002.6%
Montgomery Village38231222.4%$340,000$320,0006.3%
Rossmoor654835.4%$217,900$218,500-0.3%

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